£69,506
This estimated value is based upon the latest sale price for the house of £41,000 on 28 Sep 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £41,000 | 28 Sep 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 605 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in September 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £41,000 results in an estimated price of approximately £69,506.
| 28 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £41,000 | £28,506 | £69,506 |
The Postcode Pricing Model uses changes in average sales price within the NE4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 214.757 % | £88,050 | £129,050 |
| 3 Month Average | 33.161 % | £13,595 | £54,595 |
| 6 Month Average | 30.099 % | £12,340 | £53,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £91,861 | £90,501 | 15 COVENTRY GARDENS |
| 29 Aug 2023 | £121,059 | £120,000 | 24 EASTGATE GARDENS |
| 29 Aug 2023 | £44,388 | £44,000 | 466 ELSWICK ROAD |
| 18 Aug 2023 | £110,971 | £110,000 | 4 EASTGATE GARDENS |
| 23 Jun 2023 | £162,974 | £161,000 | 31 EASTGATE GARDENS |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 27 Jul 2010. Using an estimated price of £69,506 means this house is valued at £1,235 per sq meter (£114 per sq foot).
The average size of a house on ELSWICK ROAD is 70 sq meters (763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Eastgate Gardens | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Coventry Gardens |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Clifton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clifton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clifton Road |